Buy or Sell: Olectra Greentech Share Price Target 2023, 2024, 2025, 2030 to 2050

Today, we’re going on a journey to explore the estimated Olectra Greentech Share Price Target for the years 2023 to 2050. We will use our Research and the company’s growth prospects to make a prediction. By the end of our journey, you will have a better understanding of the expected Olectra Greentech Share Price Target.

We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Olectra Greentech Share price target for 2023, 2025, 2030 to 2050. Additionally, we will also take into account analyst recommendations from various brokerage firms, including target high price, target low price, mean recommendation, and key recommendation.

Overview of Olectra Greentech


NameOlectra Greentech Limited
SymbolOLECTRA
IndustryAutomobiles
TypePublic
Founded2000
HeadquartersHyderabad, India
CountryIndia
LocationsHyderabad, India
Websitewww.olectra.com
ProfileOlectra_Greentech

Keep an eye on Olectra Greentech’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Olectra Greentech’s share price.

Olectra Greentech Share Price Live


Fundamentals of Olectra Greentech


The fundamental analysis of Olectra Greentech Limited focuses on key factors to better understand the company’s valuation. Various valuation techniques have been used, including the Price-to-Earnings Ratio (P/E), Price-to-Sales Ratio (P/S), Price-to-Book Value Ratio (P/B), Dividend Yield, and other Details.

Olectra Greentech Limited is an Indian automobile company primarily engaged in the manufacturing of electric buses, 3-wheeler electric autos, and electric trucks. It is a subsidiary of Megha Engineering and Infrastructures Ltd. (MEIL) and has its headquarters in Hyderabad, India.

Olectra Greentech is a leading manufacturer of electric buses in India and has completed homologation of its first E-Bus in 2017. The company has more than 7 years of experience in manufacturing seven-meter, nine-meter, and twelve-meter models of air-conditioned electric buses in India. It has a current manufacturing capacity of 1500 units per year and is setting up a new greenfield plant with a capacity of 5000 units/year, scalable up to 10,000 units/year.

Brokerage Firms

Olectra Greentech Share Price Target 2023

An effective method for evaluating the Olectra Greentech share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms.

DATEAUTHORTARGETTYPE
25 APR 2023Geojit BNP Paribas738.00 Accumulate

Olectra Greentech Share Price History


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Olectra Greentech Share Price Target 2023 to 2050

We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Olectra Greentech price target for 2023, 2025 to 2030, based on our Research knowledge and forecasting.

Olectra Greentech Share Price Target 2023


Based on our analysis of the company’s financials, we believe that the minimum target for the share price of Olectra Greentech in 2023 is ₹1500. This target is based on the assumption that the company will continue to grow its revenue and earnings at a CAGR of 44% and 72%, respectively, over the next three years. We also believe that the company’s strong cash flow and low D/E ratio will support its growth plans and help it achieve its targets.

On the other hand, we believe that the maximum target for the share price of Olectra Greentech in 2023 is ₹2000. This target is based on the assumption that the company will continue to benefit from the Indian government’s push for EV adoption in buses and that it will successfully execute its growth plans. Additionally, we believe that the company’s technical partnership with Reliance on the Hydrogen Bus project will help it gain a competitive advantage in the market.

Olectra Greentech Share Price Target 2024


For the year 2024, we believe that the minimum target for the share price of Olectra Greentech is ₹2500, and the maximum target is ₹3500. This target is based on the assumption that the company will continue to grow its revenue and earnings at a CAGR of 30% and 50%, respectively, over the next year. We also believe that the company’s capacity expansion plans and its focus on green fuel will help it achieve its targets.

Olectra Greentech Share Price Target 2025


For the year 2025, we believe that the minimum target for the share price of Olectra Greentech is ₹4000, and the maximum target is ₹6000. This target is based on the assumption that the company will continue to benefit from the Indian government’s push for EV adoption in buses and that it will successfully execute its growth plans.

We also believe that the company’s technical partnership with BYD China for electric buses and its focus on expanding its product line in the e-mobility segment for 3-wheeler electric autos and electric truck tippers will help it gain a competitive advantage in the market.

Olectra Greentech Share Price Target 2027


For the year 2027, we believe that the minimum target for the share price of Olectra Greentech is ₹8000, and the maximum target is ₹10000. This target is based on the assumption that the company will continue to benefit from the Indian government’s push for EV adoption in buses and that it will successfully execute its growth plans.

We also believe that the company’s focus on sustainability and its ability to provide cost-effective solutions to its customers will help it gain a competitive advantage in the market.

Olectra Greentech Share Price Target 2030


For the year 2030, we believe that the minimum target for the share price of Olectra Greentech is ₹15000, and the maximum target is ₹20000. This target is based on the assumption that the company will continue to grow its revenue and earnings at a CAGR of 20% and 30%, respectively, over the next three years. We also believe that the company’s focus on innovation and its ability to provide customized solutions to its customers will help it achieve its targets.

Olectra Greentech Share Price Target 2050


For the year 2050, we believe that the minimum target for the share price of Olectra Greentech is ₹100000, and the maximum target is ₹150000. This target is based on the assumption that the company will continue to be a leader in the Indian and global EV market and that it will successfully execute its long-term growth plans. We also believe that the company’s focus on sustainability and its ability to provide innovative solutions to its customers will help it maintain its competitive edge in the market.

Olectra Greentech Share Price Target 2023 to 2050

YearMinimum TargetMaximum Target
2023₹1500₹2000
2024₹2500₹3500
2025₹4000₹6000
2026₹6000₹8000
2027₹8000₹10000
2030₹15000₹20000
2040₹50000₹75000
2050₹100000₹150000

Olectra Greentech Share Price in 2002?

– According to Google historical data, the price of Olectra Greentech on 22 March 2002 was ₹27.05.

What is the Current Olectra Greentech Share Price?

– As of 2 August 2023, the current share price of Olectra Greentech is ₹1,133.40 Check out today’s current share price.

Olectra Greentech Share Price Target 2023?

– Based on our analysis, the maximum share price target for Olectra Greentech in 2023 could be ₹2000.

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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict share prices. My purpose is only educational, and I am using AI to see what the future of the stock might look like.

Disclaimer– That these Share Price Targets for “Olectra Greentech Share Price Target” is only provided for informational purposes only. It does not constitute a recommendation to buy, sell or hold Olectra Greentech stock. Investors should conduct their own research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com

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Harry
Harry

In 2015, I Started Working as a Blogger Now I am a Versatile Professional With Experience in Blogging and Content Writing. I entered the stock market as a beginner in 2017. I was passionate about the stock market and learned something new every day. I Conduct Thorough Research and Produce High-Quality Content for Our Readers. Every Piece of Content Is Based on My Extensive Expertise and In-Depth Research.

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